Libman
M.A. Negative Integration and
Inter-jurisdictional Competition.
The paper reviews the actual trends in the
development
of the regional economic integration. To characterize these trends we
introduce
the term of the «negative integration». Negative integration means the
elimination of inter-state barriers for goods and factor flows without
harmonization of economic institutions. Some empirical examples show,
that the
negative integration leads to the competition between jurisdictions for
mobile
factors of production (first of all, capital). We compare different
theoretical
approaches to the inter-jurisdictional competition, based on the
neoclassical
theory, public choice theory, theory of economic order and evolutionary
economics.
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